Multiple acquisitions drive strategic deployment, quantum computing company IonQ's (IONQ.US) Q3 falls into a dilemma of "increased revenue but increased losses", but significantly raises full-year guidance.

Although the quantum computing company IonQ (IONQ.US) exceeded revenue expectations, the company still experienced higher than expected losses due to a series of acquisitions. The financial report shows that IonQ's revenue in the third quarter reached 39.87 million US dollars, a year-on-year growth of 221.5%, exceeding expectations by 12.88 million US dollars; adjusted loss per share was 0.17 US dollars, exceeding expectations by 0.03 US dollars. IonQ's net loss in the third quarter was 1.1 billion US dollars, adjusted EBITDA loss was 48.9 million US dollars, loss per share was 3.58 US dollars, and adjusted loss per share was 0.17 US dollars. After the performance announcement, the stock rose more than 5% after hours. The company completed the acquisitions of Oxford Ionics and Vector Atomic in the third quarter, accelerating and strengthening IonQ's full-stack quantum platform. The company currently expects revenue in 2025 to be between 1.06 billion US dollars and 1.1 billion US dollars, higher than the previous expectation of 913.3 million US dollars, and far exceeds the previous expectation range of 82 million US dollars to 100 million US dollars for the company. IonQ also reiterated its midpoint expectation for adjusted EBITDA loss, with a range of 206 million US dollars to 216 million US dollars. As of September 30, 2025, the company had cash, cash equivalents, and investments totaling 1.5 billion US dollars; based on the completed 2 billion US dollars equity issuance as of October 14, 2025, the expected cash, cash equivalents, and investments are estimated to be 3.5 billion US dollars.